Toronto Passions

Sometimes raising the price is worth it when it benefits like this .....

basketcase

Well-known member
Dec 29, 2005
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Damn. How can they survive?

I never trust tweets as fact but looking into this, it's roughly correct. More surprisingly, Denmark hasn't even needed to mandate a minimum wage while having one of the highest qualities of life.

If only they could fix their xenophobia issues.
 

Anbarandy

Bitter House****
Apr 27, 2006
10,934
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Butt, butt, butt .......

The Laws of Supply and Demand/Economics/Labor/Wages/Profiteering/Financial Wizardy dictates that McDonalds in Denmark should be bankrupt/shuttered; their former workers starving and unemployed; the McDonalds eating populace gaunt skeletoids.

This is what the .01%er/corporate bootlicker, genui-eye on TERB incessantly try to hammer home.
 

jalimon

Well-known member
Jan 10, 2016
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It probably means that McDonald owner in Denmark make 500k profit per year instead of 1 million.

That's were we need to think before we write regular bullshit stuff we have been told to believe.

It's ok to make only half the profit you could make if you can have happy employee and live stress free.

Will america understand that?
 

basketcase

Well-known member
Dec 29, 2005
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It probably means that McDonald owner in Denmark make 500k profit per year instead of 1 million.

That's were we need to think before we write regular bullshit stuff we have been told to believe.

It's ok to make only half the profit you could make if you can have happy employee and live stress free.

Will america understand that?
Our North American way of life seems to be stressing over how to have more money, no matter how much money we have. I (sort of) know a guy who sold all his possessions and wanders around (like Jack Reacher without the violence) and he's very content with his life. Not the lifestyle for me but I'm sure there's a happy medium between that and continually chasing more.
 

jalimon

Well-known member
Jan 10, 2016
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Our North American way of life seems to be stressing over how to have more money, no matter how much money we have. I (sort of) know a guy who sold all his possessions and wanders around (like Jack Reacher without the violence) and he's very content with his life. Not the lifestyle for me but I'm sure there's a happy medium between that and continually chasing more.
The worst is to think it makes no sense to pay mcdonald employees 22$/hour with medical coverage. It makes perfect sense actually.
 
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poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
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Niagara
Don’t you hate it when everyone has a little disposable income and the economy is roaring!
 
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barnacler

Well-known member
May 13, 2013
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Don’t you hate it when everyone has a little disposable income and the economy is roaring!
Geez, every country should just mandate higher wages to eradicate poverty!

Utopia is at hand.

But why stop at alleviating poverty? Why not make everyone RICH? Raise wages even further!
 
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poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
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Niagara
Geez, every country should just mandate higher wages to eradicate poverty!

Utopia is at hand.

But why stop at alleviating poverty? Why not make everyone RICH? Raise wages even further!
it was not mandated…. The free market just did it
 

angrymime666

Well-known member
May 8, 2008
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the problem I have with setting a minimum wage at 22 is that people making above 22 will not also share a significant increase in their wages and more than likely will stay the same. so is the roofer that was making 22 before now going to make 30 something? are people with more valuable skills than mickey ds workers going t have a significant raise?

as well the costs of that pay raise will also be passed upon to everyone inflating the current costs people pay now.

as a stock holder I would not be pleased with a company whos profit would be diminished, as I am a passive income investor. there is no incentive for me to invest my money into companys if I am not making the return I need.

people fail to see the future consequences of actions. its a domino effect.
 

oil&gas

Well-known member
Apr 16, 2002
13,572
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Ghawar
Since life in Denmark is so great let us try bring
our standard of living to their level. I suggest we
start with gas price. Last time I check average
price of gas in Denmark is USD$2.15/litre. That
translates to about $2.72/litre in loonie. Lets begin
with raising our gas price to motivate everyone
to cut down driving to improve air quality here.
 

jalimon

Well-known member
Jan 10, 2016
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Since life in Denmark is so great let us try bring
our standard of living to their level. I suggest we
start with gas price. Last time I check average
price of gas in Denmark is USD$2.15/litre. That
translates to about $2.72/litre in loonie. Lets begin
with raising our gas price to motivate everyone
to cut down driving to improve air quality here.
life does not evolved only on gas… Denmark is small they take public transport and you know what… its just fine ;)
 

jalimon

Well-known member
Jan 10, 2016
6,684
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the problem I have with setting a minimum wage at 22 is that people making above 22 will not also share a significant increase in their wages and more than likely will stay the same. so is the roofer that was making 22 before now going to make 30 something? are people with more valuable skills than mickey ds workers going t have a significant raise?

as well the costs of that pay raise will also be passed upon to everyone inflating the current costs people pay now.

as a stock holder I would not be pleased with a company whos profit would be diminished, as I am a passive income investor. there is no incentive for me to invest my money into companys if I am not making the return I need.

people fail to see the future consequences of actions. its a domino effect.
What about the domino effect of the rich hoarding all the money? That’s what create the proble we see now.
 

oil&gas

Well-known member
Apr 16, 2002
13,572
2,094
113
Ghawar
Tell hobbyists here living around central Toronto
to use public transportation for their next visit to
Pickering Angels or Allure spas. Life will be fine
riding on GO transit.

life does not evolved only on gas… Denmark is small they take public transport and you know what… its just fine ;)
 

danmand

Well-known member
Nov 28, 2003
46,483
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Since life in Denmark is so great let us try bring
our standard of living to their level. I suggest we
start with gas price. Last time I check average
price of gas in Denmark is USD$2.15/litre. That
translates to about $2.72/litre in loonie. Lets begin
with raising our gas price to motivate everyone
to cut down driving to improve air quality here.
Understandably you are focused upon gas and oil. No surprise there.

But I would suggest, that instead of bringing gas prices in Canada to Danish level, first:

1. Build out public transportation so nobody has to have a car. The published policy for public transportation in Denmark is, that from your home, you should not have more than 15 minutes walk to public transportation.

2. Provide bicycle paths on most roads and streets, such that a large proportion of people can get to work and shopping on bicycles. That has health benefits also.

Where I live, there is no public transportation. Zero, Zilch, nada

Not twice a day, or even once a day. There is Nothing.
 

basketcase

Well-known member
Dec 29, 2005
61,575
6,750
113
the problem I have with setting a minimum wage at 22 is that people making above 22 will not also share a significant increase in their wages and more than likely will stay the same. so is the roofer that was making 22 before now going to make 30 something? are people with more valuable skills than mickey ds workers going t have a significant raise?

as well the costs of that pay raise will also be passed upon to everyone inflating the current costs people pay now.

as a stock holder I would not be pleased with a company whos profit would be diminished, as I am a passive income investor. there is no incentive for me to invest my money into companys if I am not making the return I need.

people fail to see the future consequences of actions. its a domino effect.
Denmark has one of the highest qualities of life. Maybe stockholders worrying about a few more cents on their investment doesn't make for a better life.
 

basketcase

Well-known member
Dec 29, 2005
61,575
6,750
113
Tell hobbyists here living around central Toronto
to use public transportation for their next visit to
Pickering Angels or Allure spas. Life will be fine
riding on GO transit.
Which is directly connected to taxes. The tax money that could be used to facilitate better public transit is never collected because taxpayers are more worried about what the government takes from them rather than what they give back.

Yes, Canada's size and style of life mean we just can't copy Denmark's success but there are things we can learn from them.
 

angrymime666

Well-known member
May 8, 2008
1,094
656
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Denmark has one of the highest qualities of life. Maybe stockholders worrying about a few more cents on their investment doesn't make for a better life.
if you were an investor would you mind losing a source if your income or significant amount of your retirement resources for the benefit of others? 20, 30, 40? how much would you be willing to lose?
 

angrymime666

Well-known member
May 8, 2008
1,094
656
113
What about the domino effect of the rich hoarding all the money? That’s what create the proble we see now.
some people are more financially intelligent with their money than others. typically poor people do not invest in assets and make counter productive choices in their life. there will always be a divide regarding wealth. over the centuries that divide has shrank.
 
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